The impact of flood risk on the price of residential properties: the case of England

Bélanger, Philippe; Bourdeau-Brien, Michaël

doi:10.1080/02673037.2017.1408781

Cited by 28 publications

(15 citation statements)

References 68 publications

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“…Harwood et al 2016), although adaptive retreat from high risk areas due to a negative effect on house prices was also considered (e.g. Belanger and Bourdeau-Brien 2018). A number of studies using econometric models suggest that risk-reflexive pricing, where premiums are adjusted to reflect the modelled risk of individual properties, is likely to incentivize adaptive behaviour (Peng et al 2014;Hudson et al 2016).…”

Section: Discussionmentioning

confidence: 99%

Insuring homes against extreme weather events: a systematic review of the research

2021

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Home insurance for extreme weather events is a significant security mechanism not only for individual households but for global finance. As extreme weather events become more frequent and intense, home insurance has been identified by governments as a critical tool for climate adaptation and disaster resilience. However, the growing research literature on the interactions between household insurance and extreme climatic events has not previously been systematically reviewed. In this paper, we analyse 175 original peer-reviewed empirical research papers on this subject, published between 2009 and 2018. We identify areas of research focus, themes, spatial and temporal patterns, and knowledge gaps, and examine policy implications of these findings. We find that an overall focus on flood insurance leaves unanswered questions about the different insurantial challenges posed by storms and wildfire. We suggest existing technocratic and calculative insurance narratives obscure the political and moral assumptions embedded within them, and that these assumptions warrant further investigation in the context of socially legitimate insurance against the impact of extreme weather events.

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Section: Discussionmentioning

confidence: 99%

Insuring homes against extreme weather events: a systematic review of the research

2021

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“…The study by Belanger and Bourdeau-Brien (2018) examines the effects of flood risk on the value of a residential property. It also considers properties located near water bodies that have been subject to flooding in the past and shows the effects on surrounding properties.…”

Section: How Individual Factors Influence the Values And Prices Of Propertiesmentioning

confidence: 99%

Methods and Concepts of Land Management

Sørensen¹,

Christensen

2020

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The peer reviewed papers in this new volume of the European Academy of Land Use and Development (EALD) inform about investigations on the common subject "land management" – due to the interdisciplinary nature of the EALD from very different views. The spectrum of contributions covers regulations, governance and the implementation of land management as well as the assessment of relevant data supporting these tasks. Various approaches, methods, systems and understanding of the government’s role in the different countries of Europe are highlighted. Committed to sustainability, the articles give evidence that Europe provides an experimental field for land management issues, and they enable to increase knowledge of new practices, to verify them and to learn from each other.

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“…In England, the Environment Agency (EA) is responsible ''for managing the risk of flooding from the main rivers, reservoirs, estuaries and the sea.'' The EA disseminates flood risk information through the publication of flood maps and provides data on past flooding (Belanger and Bourdeau-Brien, 2018). In addition, flood insurance coverage in the U.K. is mostly offered by private insurers.…”

Section: ͉ C O N T E X Tmentioning

confidence: 99%